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UBS says CarTrade Tech’s OLX buy can deliver 5x revenue in five years. Here’s why

viaeconomictimes.indiatimes.com14 Oct
UBS says CarTrade Tech’s OLX buy can deliver 5x revenue in five years. Here’s why
Global brokerage firm UBS maintained a Buy rating on CarTrade Tech with a target price of Rs 4,000, citing strong monetisation potential in its OLX India business. UBS expects OLX’s emerging revenue levers, such as financing, subscriptions, and logistics to drive a 5x revenue expansion to Rs 11.8…

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